Word: functionalities
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...primary function of athletics should be the 'reinvestment' of the wasted energy so admirably illustrated by the 'riot', in permanent additions to the human structure. Only through a balanced development of all aspects of the individual man can youthful energy be directed into the proper channels, and wasteful, if harmless, outbursts be prevented...
...Glass-Steagall bill permits Federal Reserve banks to use Treasury obligations for part of their currency coverage, thereby releasing gold above the 40% minimum requirement. Open market operations in the U. S. securities have always been part of the Federal Reserve's function. Last autumn the Federal Reserve began a credit-pressure move of the kind now undertaken. England's gold crisis halted that move, but since the Glass-Steagall bill's enactment (Feb. 27), the Reserve has been quietly purchasing in the open market Federal securities at the rate of $25,000,000 per week. Last week...
Yale's robustious, tweedy Professor Yandell Henderson last week recapitulated his researches on lungs. Because Professor Henderson has emphasized the function of carbon dioxide in breathing, post- operative pneumonia may often be prevented, and newborn infants need no longer die when they cannot cry vigorously enough to ventilate their lungs...
...founders have avoided most of the objections to the loudly ballyhooed avowedly propagandist Model Leagues. Making no serious attempt at nationalistic representation and wasting a good share of their time in futile bickering over the details of predetermined conclusions, those gatherings have become little other than a social function. The new Harvard League, through its representative character should assure some expression of national sentiment; its permanence will encourage more serious study of international difficulties than does the distant and temporary character of its unhappy prototype...
...bureaus, the President of the U. S. has no authority or control. Last week President Hoover declared for the Shipping Board's abolition. As a first step in that direction he announced he would let a vacancy on the board go unfilled. Complaining that the board did not "function cohesively'' in administrative matters, the President purposed, with the legislative consent of Congress, to transfer its activities to the Department of Commerce over which he exercises supreme power. The shift, he contended, would save money, promote efficiency, help the Merchant Marine...